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Tag: italia
Telecom Italia agrees to network spin-off, posts Q4 sales up 2.8% to EUR 5.1 bln
2018-03-07 08:37:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) announced that its board of directors approved a plan to voluntarily separate its fixed access network, creating a legal entity (Netco) that's 100 percent controlled by the company. TIM said it will continue to own the access network (from the exchange up to customers' homes) and all the corresponding infrastructure (buildings, electronic equipment and IT systems), with the unit staffed appropriately to provide wholesale services independently.
Telecom Italia presents network spin-off proposal - report
2018-01-30 13:46:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has submitted a plan to communications regulator Agcom in which it proposes to put its national fixed-line network into a separate company fully owned by the group, reports Il Messaggero, adding that TIM's CEO Amos Genish intends to present the plan to Italy's industry minister Carlo Calenda on 07 February. An unnamed source cited by Reuters subsequently confirmed the report, saying the voluntary separation was aimed at guaranteeing the network's quality and equal access to all operators. "The proposal is in line with what's been requested by minister Calenda, but there is no talk of listing the network on the stock market," said the source.
Tags: report
network
italia
presents
Vodafone Italia launches EUR 10 mln 5G startup call
2018-01-10 15:02:00| Telecompaper Headlines
(Telecompaper) Vodafone Italia has teamed up with the PoliHub incubator of Milan's Politecnico university to launch 'Action for 5G', the first startup call devoted to development of projects based on the 5G standard in Italy. The company pledged to allocate EUR 10 million over four years to promote projects in areas such as robotics, augmented and virtual reality as well as 5G-based apps and digital solutions covering the industry 4.0, healthcare, smart city, smart grid, security and entertainment sectors.
Tags: call
eur
italia
vodafone
Vodafone Italia launches EUR 90 mln Milan 5G project
2017-12-12 11:02:00| Telecompaper Headlines
(Telecompaper) Vodafone Italia has officially inaugurated its project to test 5G technologies via the 3.6-3.8 GHz band in the city of Milan. At an event held in the Palazzo Marino city hall and attended by mayor Giuseppe Sala and Italy's undersecretary for economic development in charge of telecommunications Antonello Giacomelli, the company's CEO Aldo Bisio said Vodafone will be working with a total of 28 partners on the EUR 90 million trial to test the full potential of 5G. The network will cover 80 percent of the city and surrounding metropolitan areas by the end of next year and 100 percent by 2019.
Tags: project
eur
italia
milan
Telecom Italia confirms it's exploring network spin-off, Mediaset deal
2017-12-06 08:40:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has finally confirmed that it will take steps to explore the separation of its national fixed-line network to address concerns from the Italian government, regulators and its competitors. In a statement following a board meeting called to discuss the 2018-2020 Business Plan and approve the 2018 preliminary budget, TIM said it would look into a possible spin-off of the network. "Over the coming months, the management will continue to examine various hypothesis to establish whether network separation is needed to address institutions' input and to unlock value," said the company.
Tags: network
deal
italia
telecom
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